TerraVest Industries (TSE:TVK) Reaches New 1-Year High at $75.08

TerraVest Industries Inc. (TSE:TVK)’s share price reached a new 52-week high during trading on Monday . The company traded as high as C$75.08 and last traded at C$74.10, with a volume of 9846 shares traded. The stock had previously closed at C$73.18.

TerraVest Industries Trading Up 1.0 %

The business has a 50-day moving average of C$63.40 and a 200 day moving average of C$50.03. The stock has a market cap of C$1.34 billion, a PE ratio of 28.15 and a beta of 0.66. The company has a debt-to-equity ratio of 149.19, a quick ratio of 0.91 and a current ratio of 2.07.

TerraVest Industries (TSE:TVK) last issued its quarterly earnings results on Thursday, February 8th. The company reported C$0.94 EPS for the quarter. The business had revenue of C$228.09 million during the quarter. TerraVest Industries had a net margin of 6.52% and a return on equity of 23.89%. Equities research analysts predict that TerraVest Industries Inc. will post 0.78 EPS for the current fiscal year.

TerraVest Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 10th. Investors of record on Wednesday, April 10th were paid a $0.15 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $0.60 annualized dividend and a yield of 0.81%. TerraVest Industries’s payout ratio is currently 23.08%.

Insiders Place Their Bets

In other news, Director Blair Cook sold 4,000 shares of the stock in a transaction dated Monday, April 15th. The shares were sold at an average price of C$74.50, for a total transaction of C$298,000.00. In other news, Senior Officer Marilyn Boucher acquired 1,000 shares of TerraVest Industries stock in a transaction dated Friday, March 8th. The shares were acquired at an average cost of C$55.00 per share, with a total value of C$55,000.00. Also, Director Blair Cook sold 4,000 shares of the business’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of C$74.50, for a total value of C$298,000.00. 32.27% of the stock is owned by corporate insiders.

About TerraVest Industries

TerraVest Industries Inc manufactures and sells goods and services to energy, agriculture, mining, transportation, and other markets in Canada and the United States. It operates through four segments: Home Heating and Cooling Products (HVAC Equipment); Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment); Energy Processing Equipment (Processing Equipment); and Service.